NOT LISTED FOR SALE

517 N Racine Ave Unit 3 Chicago, IL 60642

West Town Neighborhood

Estimated Value: $654,000 - $836,000

3 Beds
2 Baths
1,800 Sq Ft
$119/mo HOA Fee

Last Sold April 15, 2019

Last sale price $535,000 $297 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,844/month

32 Days on Market

Highlights

  • Rooftop Deck
  • Whirlpool Bathtub
  • Balcony
  • Wood Flooring
  • Stainless Steel Appliances
  • 2-minute walk to Mineral Wells City Park

About This Home

As of April 2019

FRESHLY PAINTED TOP TO BOTTOM! Gorgeous and spacious 3bed/2bath condo in popular West Town Neighborhood. Unit is completely move in ready. Dark hardwood floors throughout, white kitchen, high end stainless steel appliances and custom baths. Open floor plan with combination living room/dining room/kitchen. Private balconies are located off the living room as well as the master bedroom. Additionally, large private rooftop deck with incredible city views perfect for entertaining. One indoor parking spot included as well as large storage room dedicated to the unit. Located within walking distance to Fulton Market, Randolph Street (restaurant row), the blue line, Grand and Chicago bus routes and easy access to highway.

Last Agent to Sell the Property

Jacqueline Lotzof

Compass License #475148185 Listed on: 01/31/2019

Compass

Last Buyer's Agent

Christina McNamee

Compass License #475128284

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,945

Year Built | Renovated

  • 2008 | 2012

Lot Details

  • 3,093

HOA Fees

  • $119 per month

Parking

  • Attached Garage
  • Off Alley Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof
  • Limestone

Interior Spaces

  • Ventless Fireplace
  • Gas Log Fireplace
  • Storage
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Rooftop Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • East or West Exposure
  • City Lot

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,945

Year Built | Renovated

2008 | 2012

Lot Details

0

HOA Fees

$119 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Recent Rehab: Yes
  • Unit Floor Level: 3
  • Age: 11-15 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Rehab Year: 2012
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 2008
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 2008
  • Year Renovated: 2012

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 6
  • Living Room: Dimensions: 17X25, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, Security System, Intercom
  • Fireplace Details: Gas Logs, Gas Starter, Portable/Ventless
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 10X13, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Eating Area-Breakfast Bar, Island
  • Additional Rooms: Balcony, Deck
  • Master Bedroom: Dimensions: 13X13, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Balcony, Dimensions: 06X25, On Level: Main Level
  • Additional Room 2 Name: Deck, Dimensions: 24X15, On Level: 2nd Level
  • Bedroom 2: Dimensions: 13X10, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 3: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1800
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick, Limestone
  • Roof Type: Rubber
  • Exterior Property Features: Balcony, Deck, Roof Deck
  • Exposure: E (East), W (West), City

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Off Alley
  • Parking Included In Price: Yes

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public, Sewer-Storm
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Storage, Sundeck
  • Assessment Includes: Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 119
  • Management Contact Name: Non
  • Management Phone: 954-478-4452

Fee Information

  • Management Company: Self

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 17082370481003

Multi Family

  • Total Number Unitsin Building: 4
  • Number Stories: 3

Tax Info

  • Taxes: 8052.99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2019
Closed on
Apr 5, 2019
Sold by
Califf Elliott and Califf Rachel
Bought by
Plewka Eric and Humphreys Lindsay P
Seller's Agent
Jacqueline Lotzof
Compass
Buyer's Agent
Christina McNamee
Compass
List Price
$574,999
Sold Price
$535,000
Premium/Discount to List
-$39,999
-6.96%
Current Estimated Value
$727,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,142
Avg. Annual Appreciation
4.80%
Original Mortgage
$481,500
Outstanding Balance
$427,089
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$300,053

Purchase Details

Listed on
Dec 30, 2013
Closed on
Dec 20, 2013
Sold by
Old Town Ventures Llc
Bought by
Califf Elliott and Califf Rachel
Seller's Agent
Jim Murrin
Jameson Sotheby's Intl Realty
Buyer's Agent
Jim Murrin
Jameson Sotheby's Intl Realty
List Price
$430,000
Sold Price
$430,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.22%
Original Mortgage
$322,500
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 17, 2013
Sold by
Sanchez
Bought by
Old Town Ventures Llc

Purchase Details

Closed on
Sep 3, 2010
Sold by
Sanchez Jorge
Bought by
Bridgeview Bk Grp Tr and Bridgeview Bk Grp Tr 13344

Purchase Details

Closed on
Feb 24, 2008
Sold by
517 N Racine Llc
Bought by
Bridgeview Bank Group and Trust #1-3344
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Plewka Eric $535,000 Proper Title Llc
Califf Elliott $430,000 Attorneys Title Guaranty Fun
Old Town Ventures Llc $600,000 None Available
Bridgeview Bk Grp Tr -- --
Bridgeview Bk Grp Tr -- --
Bridgeview Bk Grp Tr -- --
Bridgeview Bank Group -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Plewka Eric $481,500
Previous Owner Califf Elliott $322,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2019 04/15/19 Sold $535,000 -4.9% $297 / Sq Ft
03/04/2019 03/04/19 Pending -- -- --
02/23/2019 02/23/19 Price Changed $562,500 -2.2% $313 / Sq Ft
01/31/2019 01/31/19 For Sale $574,999 +33.7% $319 / Sq Ft
12/30/2013 12/30/13 Sold $430,000 0.0% $239 / Sq Ft View Prior Sale
12/30/2013 12/30/13 Pending -- -- --
12/30/2013 12/30/13 For Sale $430,000 -- $239 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,945 $59,374 $6,276 $53,098
2023 $10,637 $51,718 $2,864 $48,854
2022 $10,637 $51,718 $2,864 $48,854
2021 $10,400 $51,718 $2,864 $48,854
2020 $8,133 $36,509 $2,864 $33,645
2019 $7,389 $40,206 $2,864 $37,342
2018 $7,263 $40,206 $2,864 $37,342
2017 $8,466 $42,704 $2,527 $40,177
2016 $8,053 $42,704 $2,527 $40,177
2015 $7,825 $42,704 $2,527 $40,177
2014 $5,651 $30,459 $2,148 $28,311
2013 $5,540 $30,459 $2,148 $28,311
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10260895

Midwest Real Estate Data (MRED)

APN: 17-08-237-048-1003